AEMV vs AVMC: Grades, Fees and Holdings Compared

Harbor AlphaEdge Mid Cap Value ETF

AEMV—NYSE Arca

Avantis U.S. Mid Cap Equity ETF

AVMCANYSE Arca

Overlap

16.4%by weight

Expense ratio

AVMC −0.20pt a year

AEMV0.38%AVMC0.18%

Avg volume · 30D

AVMC 11.0×the volume

AEMV2.32KAVMC25.5K

AEMV vs AVMC Performance

Sep 30, 2026 – Oct 30, 2026

+5.8%AEMV+3.2%AVMC

Expense ratio: AEMV 0.38%; AVMC 0.18%, better
Fund size: AEMV $3M; AVMC $532M
1Y total return: AEMV No data; AVMC +15.2%
Yield (12M): AEMV No data; AVMC 0.98%
Holdings: AEMV 104; AVMC 609
Avg volume (30D): AEMV 2.32K sh; AVMC 25.5K sh, better
NAV per share: AEMV $20.23; AVMC $78.68
52W range

ETF.net Grade

—AEMVNot yet graded

Pillar letters and Scores for AEMV, AVMC, with each pillar’s weight
Pillar	AEMV	AVMC
Cost30% weight	Not scored	A100
Mission25% weight	Not scored	Not scored
Risk15% weight	Not scored	A73
Tradability15% weight	Not scored	A90
Holdings10% weight	Not scored	A88
Durability5% weight	Not scored	A77

Rank among US Active Small/Mid-Cap funds

How we build Categories ›

US Active Small/Mid-Cap⁠

Category · 47 funds

See all 47 ›

AVMC ranks 1st of 47 funds in the US Active Small/Mid-Cap Category.

Rank 1AAVMCAvantis U.S. Mid Cap Equity ETFScore 89
Rank 2AFEMVFidelity Enhanced Mid Cap Value ETFScore 79
AEMVNot yet graded

Our read on each fund

ETF.net Research

AEMV—Harbor AlphaEdge Mid Cap Value ETF

AVMCAAvantis U.S. Mid Cap Equity ETF

In short

AEMV No data

AVMC The forgotten middle of the US market, run the Avantis way: roughly 600 mid-cap names tilted toward cheaper stocks with stronger profits, at 0.18% a year. Systematic active management priced like an index fund.

Stated mandate

AEMV No data

AVMC Seeks long-term capital appreciation through a broad portfolio of U.S. mid-cap companies, emphasizing securities with lower valuations and higher profitability ratios.

Why people hold it

AEMV No data

AVMC 0.18% a year, against a 0.65% median for active US equity funds. Index-fund pricing on an active mandate.
Spreads the value-and-profitability tilt across roughly 600 mid-caps, so it leans on the screen rather than a handful of concentrated picks.avantisinvestors.com
One of the strongest implementations in our active US equity group, sitting with large-cap sibling AVLC and the Dimensional core funds.
Pure mid-cap exposure with a quarterly distribution, filling the gap most portfolios leave between mega-caps and small caps.

Worth knowing

AEMV No data

AVMC Trades lighter than the giant index ETFs, which can mean wider bid-ask spreads at the moment you transact.
Launched in 2023, so the live record is short. There's no published index behind it either: outcomes come from Avantis' own valuation and profitability rules.
All mid-cap, no mega-cap ballast, plus a tilt away from expensive names. Both can put it out of step with a market led by the largest growth stocks.

Full AEMV profile⁠

Full AVMC profile⁠

AEMV vs AVMC Holdings

How AEMV and AVMC differ

Overlap by weight

16.4%

Shared holdings make up 75.3% of AEMV and 17.2% of AVMC.

Level by level

Holdings78 in both16.4%
Countryby domicile97.3%
Asset classEquity100%

Sector

No Sector split for AEMV.

Country, concentration and asset class

Country by domicile

Country weights in AEMV and AVMC, widest gap first
Country	More in AEMVMore in AVMC	AEMV	AVMC
China	AEMV +1.7 points	1.7%	0.0%
United States	AVMC +1.0 points	96.8%	97.8%
Switzerland	AEMV +0.7 points	1.1%	0.4%
Other countries (9)	AVMC +1.2 points	0.5%	1.7%

Concentration

Weight in the 10 largest Holdings

AEMV27.2%
AVMC5.8%

Securities held

AEMV104
AVMC608

Asset class

AEMV: Equity
AVMC: Equity

Holdings

Only in AEMV26
In both78
Only in AVMC530

Only in AEMV

26 securities, 24.7% of AEMV by weight

Marathon Petroleum Corp3.71%
Host Hotels & Resorts Inc3.40%
Hp Inc2.13%
Phillips 662.05%
Invitation Homes Inc1.63%
Te Connectivity PLC1.39%
Hewlett Packard Enterprise1.05%
Affiliated Managers Group1.02%
H&R Block Inc1.02%
Adt Inc0.70%
Fortive Corp0.68%
Kite Realty Group Trust0.66%
Allstate Corp0.60%
Match Group Inc0.54%
Science Applications Inte0.51%
Dropbox Inc-Class A0.49%
Bath & Body Works Inc0.49%
Anglogold Ashanti PLC0.37%
Yum China Holdings Inc0.35%
Gentex Corp0.34%
Ringcentral Inc-Class A0.33%
Exlservice Holdings Inc0.28%
Otis Worldwide Corp0.27%
Sirius Xm Holdings Inc0.26%
Quest Diagnostics Inc0.26%
Xp Inc - Class A0.22%

Only in AVMC

530 securities, 82.8% of AVMC by weight

Western Digital Corp Common Stock USD.010.67%
Devon Energy Corp Common Stock USD.10.64%
Cheniere Energy Inc Common Stock USD.0030.60%
Humana Inc Common Stock USD.16666660.58%
Ebay Inc Common Stock USD.0010.55%
Edwards Lifesciences Corp Common Stock USD1.00.53%
Centene Corp Common Stock USD.0010.53%
Agilent Technologies Inc Common Stock USD.010.53%
Rockwell Automation Inc Common Stock USD1.00.52%
Fifth Third Bancorp Common Stock0.52%
Prudential Financial Inc Common Stock USD.010.52%
American International Group Common Stock USD2.50.52%
Ford Motor Co Common Stock USD.010.51%
Vistra Corp Common Stock USD.010.50%
Illumina Inc Common Stock USD.010.50%
Targa Resources Corp Common Stock USD.0010.50%
Moderna Inc Common Stock USD.00010.49%
Autodesk Inc Common Stock USD.010.49%
United Rentals Inc Common Stock USD.010.47%
Hartford Insurance Group Inc Common Stock USD.010.46%
Carnival Corp Ltd Common Stock USD.010.46%
United Airlines Holdings Inc Common Stock USD.010.46%
Waters Corp Common Stock USD.010.44%
Waste Connections Inc Common Stock0.44%
Flex Ltd Common Stock0.43%
Ciena Corp Common Stock USD.010.43%
Occidental Petroleum Corp Common Stock USD.20.43%
Veeva Systems Inc Class A Common Stock USD.000010.43%
Block Inc Common Stock USD.00000010.42%
Strategy Inc Common Stock USD.0010.42%
Arch Capital Group Ltd Common Stock USD.010.42%
Dr Horton Inc Common Stock USD.010.42%
Sysco Corp Common Stock USD1.00.41%
Archer Daniels Midland Co Common Stock0.41%
Exelon Corp Common Stock0.41%
Kroger Co Common Stock USD1.00.41%
Biogen Inc Common Stock USD.00050.41%
Keysight Technologies In Common Stock USD.010.40%
Eqt Corp Common Stock0.40%
Ferguson Enterprises Inc Common Stock0.39%
Northern Trust Corp Common Stock USD1.6666660.39%
Steel Dynamics Inc Common Stock USD.0050.39%
Old Dominion Freight Line Common Stock USD.10.38%
On Semiconductor Common Stock USD.010.38%
Idexx Laboratories Inc Common Stock USD.10.38%
Vulcan Materials Co Common Stock USD1.00.38%
Kimberly Clark Corp Common Stock USD1.250.38%
Fastenal Co Common Stock USD.010.38%
Bloom Energy Corp A Common Stock USD.00010.37%
Xcel Energy Inc Common Stock USD2.50.37%

Weight gaps

All 78 Holdings in both funds, largest gap first.

Holding weights in AEMV and AVMC, widest gap first
Holding	More in AEMVMore in AVMC	AEMV	AVMC
Crown Holdings IncCCK	AEMV +2.86 points	2.99%	0.13%
Mgic Investment CorpMTG	AEMV +2.78 points	2.81%	0.03%
Ameriprise Financial IncAMP	AEMV +2.48 points	3.00%	0.52%
Snap-On IncSNA	AEMV +2.34 points	2.54%	0.20%
T Rowe Price Group IncTROW	AEMV +2.07 points	2.34%	0.27%
Synchrony FinancialSYF	AEMV +1.88 points	2.21%	0.33%
Ametek IncAME	AEMV +1.69 points	1.81%	0.13%
United Therapeutics CorpUTHR	AEMV +1.67 points	1.96%	0.29%
Idex CorpIEX	AEMV +1.53 points	1.64%	0.11%
Nucor CorpNUE	AEMV +1.51 points	2.07%	0.56%
Principal Financial GroupPFG	AEMV +1.49 points	1.79%	0.30%
Best Buy Co IncBBY	AEMV +1.48 points	1.75%	0.27%
Mohawk Industries IncMHK	AEMV +1.43 points	1.50%	0.07%
Essent Group LtdESNT	AEMV +1.38 points	1.41%	0.03%
Target CorpTGT	AEMV +1.37 points	1.77%	0.40%
Chemed CorpCHE	AEMV +1.36 points	1.39%	0.03%
News Corp - Class ANWSA	AEMV +1.34 points	1.45%	0.11%
Hf Sinclair CorpDINO	AEMV +1.25 points	1.49%	0.24%
Netapp IncNTAP	AEMV +1.23 points	1.75%	0.52%
Toll Brothers IncTOL	AEMV +1.16 points	1.31%	0.15%
Cognizant Tech Solutions-ACTSH	AEMV +1.10 points	1.42%	0.32%
Exelixis IncEXEL	AEMV +1.06 points	1.27%	0.21%
Chord Energy CorpCHRD	AEMV +0.95 points	1.05%	0.10%
Gartner IncIT	AEMV +0.93 points	1.07%	0.14%
Mueller Industries IncMLI	AEMV +0.93 points	1.07%	0.14%
Lear CorpLEA	AEMV +0.92 points	0.97%	0.05%
Bio-Techne CorpTECH	AEMV +0.90 points	1.01%	0.11%
Graco IncGGG	AEMV +0.90 points	1.02%	0.12%
Sunbelt Rentals Holdings IncSUNB	AEMV +0.88 points	0.91%	0.03%
Masco CorpMAS	AEMV +0.87 points	0.93%	0.06%
Zoetis IncZTS	AEMV +0.85 points	1.01%	0.16%
Tenet Healthcare CorpTHC	AEMV +0.82 points	1.05%	0.23%
Deckers Outdoor CorpDECK	AEMV +0.81 points	0.95%	0.14%
Sei Investments CompanySEIC	AEMV +0.78 points	0.91%	0.13%
Incyte CorpINCY	AEMV +0.66 points	0.89%	0.23%
Matson IncMATX	AEMV +0.65 points	0.74%	0.09%
Royalty Pharma Plc- Class ARPRX	AEMV +0.65 points	0.94%	0.29%
Garmin LtdGRMN	AEMV +0.64 points	1.05%	0.41%
Maplebear IncCART	AEMV +0.59 points	0.71%	0.12%
Victory Capital Holding - AVCTR	AEMV +0.51 points	0.57%	0.06%
Enact Holdings IncACT	AEMV +0.51 points	0.52%	<0.01%
Reliance IncRS	AEMV +0.51 points	0.75%	0.24%
Nordson CorpNDSN	AEMV +0.49 points	0.59%	0.10%
Fox Corp - Class AFOXA	AEMV +0.49 points	0.62%	0.13%
Jazz Pharmaceuticals PLCJAZZ	AEMV +0.45 points	0.62%	0.17%
Paycom Software IncPAYC	AEMV +0.43 points	0.56%	0.13%
Expedia Group IncEXPE	AEMV +0.43 points	0.78%	0.35%
Halozyme Therapeutics IncHALO	AEMV +0.42 points	0.60%	0.18%
Steris PLCSTE	AEMV +0.36 points	0.59%	0.23%
PayPal Holdings IncPYPL	AEMV +0.33 points	0.93%	0.60%
Dexcom IncDXCM	AEMV +0.32 points	0.73%	0.41%
Gap Inc/TheGPS	AEMV +0.31 points	0.38%	0.07%
Amdocs LtdDOX	AEMV +0.25 points	0.25%	<0.01%
Technipfmc PLCFTI	AEMV +0.26 points	0.61%	0.35%
Apa CorpAPA	AEMV +0.24 points	0.52%	0.28%
Stanley Black & Decker IncSWK	AEMV +0.23 points	0.37%	0.14%
Jack Henry & Associates IncJKHY	AEMV +0.23 points	0.35%	0.12%
Becton Dickinson and CoBDXA	AVMC +0.20 points	0.27%	0.47%
Abercrombie & Fitch Co-Cl AANF	AEMV +0.19 points	0.30%	0.11%
Chipotle Mexican Grill IncCMG	AVMC +0.19 points	0.23%	0.42%
Brinker International IncEAT	AEMV +0.17 points	0.27%	0.10%
Factset Research Systems IncFDS	AEMV +0.16 points	0.30%	0.14%
Teradyne IncTER	AVMC +0.15 points	0.24%	0.39%
Godaddy Inc - Class AGDDY	AEMV +0.15 points	0.29%	0.14%
Charter Communications Inc-ACHTR	AEMV +0.14 points	0.23%	0.09%
Autoliv IncALV	AEMV +0.15 points	0.25%	0.10%
Williams-Sonoma IncWSM	AEMV +0.14 points	0.51%	0.37%
State Street CorpSTT	AVMC +0.14 points	0.40%	0.54%
Delta Air Lines IncDAL	AEMV +0.14 points	0.67%	0.53%
Comfort Systems Usa IncFIX	AEMV +0.12 points	0.52%	0.40%
Manhattan Associates IncMANH	AEMV +0.12 points	0.29%	0.17%
Owens CorningOC	AEMV +0.11 points	0.24%	0.13%
Docusign IncDOCU	AEMV +0.11 points	0.29%	0.18%
Ovintiv IncOVV	AEMV +0.10 points	0.28%	0.18%
M & T Bank CorpMTB	AVMC +0.10 points	0.26%	0.36%
West Pharmaceutical ServicesWST	AEMV +0.07 points	0.41%	0.34%
Iqvia Holdings IncIQV	AEMV +0.05 points	0.50%	0.45%
Super Micro Computer IncSMCI	AEMV +0.02 points	0.24%	0.22%

All 104 AEMV holdings⁠All 627 AVMC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AEMV vs AVMC Cost

Overpaying AEMV vs AVMC

$3,957

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

AEMV 0.38%
$7,706
AVMC 0.18%
$3,749

Amount$10,000

Years30 years

Cost over time

AEMV 0.38%
AVMC 0.18%
Overpaying

Year by year

Year	AEMV	AVMC	Overpaying
10	$688	$328	$360
20	$2,658	$1,281	$1,377
30	$7,706	$3,749	$3,957

Expense ratio

0.38%AEMV
0.18%AVMC, cheaper

AVMC0.18%AEMV0.38%

0.18%1.10%

Middle half of US Active Small/Mid-Cap funds
Median 0.55%

AVMC cheapest of 47 funds

AEMV 11th cheapest of 47 funds

AEMV vs AVMC Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AEMV No data; AVMC 0.98%
Payout (12M): AEMV None; AVMC $0.77
Last payment: AEMV No data; AVMC $0.19
Ex-dividend: AEMV No data; AVMC Sep 8, 2026
Paid on: AEMV No data; AVMC Sep 10, 2026
Frequency: AEMV No data; AVMC Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

AEMVAll AEMV payments⁠

No distribution history available.

AVMCQuarterly · 12 paymentsAll AVMC payments⁠

AEMV vs AVMC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AEMV No dataAVMC 14.2%since Dec 2023
Return per unit of riskSharpe ratio, 3 years: AEMV No dataAVMC 0.83since Dec 2023
Worst fallMax drawdown, 5 years: AEMV No dataAVMC −21.8%since Nov 2023
Market sensitivityBeta, 5 years: AEMV 0.00AVMC 0.94; Market = 1

AEMV and AVMC in the news

All news⁠

ETF Filings
Vanguard files for a U.S. small-mid cap active ETF after last year’s three reached $161 million
Sep 21, 2026AVMC

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AEMV vs AVMC

In short

Stated mandate

Why people hold it

Worth knowing

How AEMV and AVMC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AEMV

Only in AVMC

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Vanguard files for a U.S. small-mid cap active ETF after last year’s three reached $161 million

How AEMV and AVMC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AEMV

Only in AVMC

Weight gaps